1.3 Acres Prime Commercial Land

7700 15 Mile Rd Sterling Heights, MI 48312

7700 15 Mile Rd, Sterling Heights, MI, 48312
7700 15 Mile Rd, Sterling Heights, MI, 48312
FOR SALE
Property Type:
Commercial Land Development
Amount:
$495,000
Last Verified:
May 13, 2019

Highlights

  • Automotive new and used car sales, service and parts on Van Dyke between 14 and 19 Mile Roads exceeds $1 billion
  • Excellent property dimensions of 260' of 15 Mile frontage with 220' of depth
  • Site located near Walmart Supercenter, Target and Meijer
  • Traffic counts: West 15 Mile Road: 30,341 cars per day, Van Dyke (M-53): 64,200 cars per day

Description

Excellent property. C-3 zoning. Site located near Super Walmart, Target and Meijer.

Site located near Super Walmart, Target and Meijer

Lot Size: 1.31 acres

Map of 7700 15 Mile Rd, Sterling Heights, MI, 48312

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.